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China loans to Belarus $1bn: Parliament

MINSK : China has given cash-strapped Belarus a loan of one billion dollars and a grant of some 11 million, the Bel
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imagepMINSK: China has given cash-strapped Belarus a loan of one billion dollars and a grant of some 11 million, the Belarus parliament said on Saturday, quoting the head of the Chinese National People's Congress.

A statement said Wu Bangguo also announced agreements to build a communications satellite, a paper factory and a hotel in Minsk in a meeting with leading members of the Belarus parliament.

Copyright AFP (Agence France-Presse), 2011

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